The assets
that you have worked long and hard to accumulate can be lost within a
very short period if they are not properly protected and you are sued,
you file for bankruptcy or you are otherwise subject to judgments
proceedings. However, understanding that certain assets should be
protected from being lost in such circumstances, lawmakers have passed
acts under which certain types of assets are, or can be, shielded. In
this article, we'll show you what measures you can take to protect your
savings.
Friday, November 6, 2015
Friday, October 16, 2015
No estate plan? You are making a costly mistake
Most Americans don't have a will or trust.
For those who actually do have one, it has likely been sitting in a drawer, not updated as life circumstances have changed.
Monday, October 5, 2015
6 Estate Planning Steps Even Broke People Need to Take
More Than a Will
No one really wants
to sit around thinking about what will happen if they get seriously sick
or so incapacitated they can’t make sound financial decisions — let
alone contemplate the actual D word. But that doesn’t mean you can
forget about estate planning altogether. It won’t just go away if you
ignore it, and you could be leaving yourself vulnerable in the future.
Friday, September 18, 2015
Ten Rules For Asset Protection Planning
Start early, keep it simple, and don’t try to hide stuff from your creditors.
There’s a gambling saying that goes something like, “If you want to
be a winner, you have to walk away from the table a winner.” One
time-honored method of reaching this result is to systematically take
your chips off the table as you win them, so that your potential for
losses stays small.
Monday, August 24, 2015
How To Choose The Right Trustee For Your Estate
No one enjoys thinking about their own mortality, but we all want our
families to be well-cared for after we’re gone. Many people set up
trusts to help provide for loved ones and favorite causes after they
pass away. A trust can help manage the wealth you wish to transfer and
ensures the efficient distribution of assets—such as property or a sum
of money—over a set period of time.
Read more @ Forbes
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